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Can someone help me solve? thank you! thank you Rusty Corporation purchased a rust-inhibiting machine by paying $51,000 cash on the purchase date and agreed
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Rusty Corporation purchased a rust-inhibiting machine by paying $51,000 cash on the purchase date and agreed to pay $10,200 every three months during the next two years. The first payment is due three months after the purchase date. Rusty's incremental borrowing rote is 8%. The machine reported on the balance sheet as of the purchase date is closest to: (FV of \$1, PV of \$1. EVA of (\$1, and PVA of \$1) (Use oppropriate foctor(s) from the tables provided.) Multiple Choice $125,720 $81,600 $132,600 $74720 Step by Step Solution
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